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...People think that Americans are notorious consumers and will shift very quickly back to their old habits, but we're not so sure about that," says Eshelman. He speculates that because of the number of jobs that would need to be added each month, it will likely take five to 10 years for employment to return to 2007 levels. In December 2009, the country's seasonally adjusted employment was at 129.5 million, down 8.5 million jobs from its peak in December 2007. Even if 150,000 jobs were added every month, it would take five years to return...

Author: /time Magazine | Title: A Hopeful Economic Sign: February Retail Sales Jump | 3/12/2010 | See Source »

...afraid of putting in a lot of work,” she says. “But it would sometimes be very daunting that no matter how much work I put in I couldn’t know for sure that my experiment would work...

Author: By STEPHANIE R. MCCARTNEY, CONTRIBUTING WRITER | Title: Bridging the Joint Thesis | 3/11/2010 | See Source »

...Graf case is sure to make the lives of Navy recruiters more difficult. Shawn Smith is a retired Navy captain who - along with her husband, also a retired Navy captain - applauded their daughter's decision to join the Navy in 2007 after graduating from Notre Dame on a Navy ROTC scholarship. Erin Smith was "seriously considering" making the Navy a career, as her parents did, until she was assigned to the Cowpens. "Her experiences with Captain Graf definitely helped form her decision to do her time and leave the Navy," her mother says. "I was appalled that this happened, guilty...

Author: /time Magazine | Title: Sexism and the Navy's Female Captain Bligh | 3/11/2010 | See Source »

...delivered in the midst of a vehement antiwar speech. Gore, in fact, was making a wise argument: war was not justified even if Saddam had WMD. But taking those sort of lines out of context is how you hammer your opponents in political campaigns - and Rove made sure Bush's White House was run as a perpetual political campaign, even when it came to war. This, not dirty tricks, is at the heart of the Rovian deficiency. (See the top 10 political memoirs...

Author: /time Magazine | Title: Karl Rove's Memoir: Act of Vengeance | 3/11/2010 | See Source »

...Then the Irish economy collapsed in the global downturn, and people's attitudes toward the museum quickly changed. "Admission: one pot of gold, to be sure and begorrah," the Irish Sunday Tribune mocked in the headline of a derisive article about the museum last month. The blogosphere, too, has been fizzing with indignation in recent months. "Truly the Jedward of museums," railed one Twitter poster, referring to the Irish singing twins John and Edward Grimes, who appeared on Simon Cowell's The X Factor talent show in the U.K. and Ireland last year. (The twins became more famous for their...

Author: /time Magazine | Title: Ireland's New Museum for Leprechauns | 3/11/2010 | See Source »

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